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Latest: Asia Stock Market News

Pakistan in China Nuke Plant Deal, Talks to UAE on Port Sale
Pakistan in China Nuke Plant Deal, Talks to UAE on Port Sale

Pakistan and China signed a $4.8bn deal to build a 1,200 MW nuclear power plant, while the debt-laden state is in talks with the UAE for control of Karachi port in exchange for emergency funds

Musk at Odds With Ambani in Plan to Bring Starlink to India
Musk at Odds With Ambani in Plan to Bring Starlink to India

Two of the world’s richest men are locked in a battle over the Indian government's distribution of satellite broadband spectrum in a bid to tackle costs and competition

Nikkei Slips on Tech Dip, Sydney, Mumbai Slide on Fed Fears
Nikkei Slips on Tech Dip, Sydney, Mumbai Slide on Fed Fears

With the US Fed looking to stand firm on its aggressive inflation battle plan, gains were hard to find around the region’s bourses with Seoul the outlier

Musk Meets Modi, Keen to Bring Tesla, Starlink to India Soon
Nikkei Rises, But the Hang Seng and Most Asian Markets Fall
Biden Calls China’s Xi a Dictator, Beijing Slams ‘Provocation’
Blinken Lauded After Discussing Taiwan, Russia in China Talks
Hang Seng Drops But Nikkei Recovers After China Rate Blow
Yuan Falls to 7-Month Low as China Cuts Prime Lending Rates
EU to Discuss Ideas on Guarding Top Tech From China, Russia

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Markets: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors